What does a double die obverse mean?
What does a double die obverse mean?
What are Lincoln double die obverse pennies? A doubled die obverse coin is produced when the coin die is not properly manufactured. Advertisement. This leads to the appearance of two images on a single coin die, meaning there’s a duplicate of letters, numbers, or words.
What does double Dye mean on coins?
A doubled die coin is produced when the coin die is not properly manufactured. This leads to the appearance of two images on a single coin die. The more obvious and distinct the error is, the more the coin will be worth.
What double die pennies are worth money?
At the time, Potter estimated that a Mint State 1969-S doubled die obverse is worth at least $44,000 and maybe as much as $100,000 or more depending on the grade it gets. Experts estimate that the number of known specimens of this 1969-S doubled die penny is only about 40 to 50 coins.
Are silver pennies rare?
Silver pennies were not actually made of silver, but rather of steel that had been thinly coated in zinc. For a collector’s item, these coins are relatively common, and are easily found in coin shops, even though it is rare to accidentally find a silver penny still in circulation.
What is a planchet error?
Planchet errors encompass all mistakes resulting from a defective blank, whether or not it has passed through the upsetting mill. One error that can occur is for the planchet to be counted and bagged without going through the press at all. The result is a blank planchet, which may or may not be milled.
What does double Dye mean?
Definition of double-dyed 1 : dyed twice : thoroughly or intensely colored. 2 : confirmed especially in habits or opinions : thoroughgoing a double-dyed villain.
Why is the 1969 penny rare?
Many individuals who are not aware of this coin’s high mintage believe the 1969-S cent is a rare coin mainly due to its seemingly unusual “S” mintmark – something most non-collectors would not typically encounter.
